Please help with this Microsoft Excel question!!! Which Student T Excel function can be used to...
Please help with this Microsoft Excel question!!!
Which Student T Excel function can be used to identify a critical value associated with a cumulative probability?
T.INV or T.INV.2T
Homework Answers
Solution :-
The T.INV or T.INV.2T funcrions in the excel are used to calculate the critical value associated with a cumulative probability. Using this t-distribution the critical value can be find for one tailed area or double tailed area.
The T.INV function returns the critical value of one tailed area. This function returns the left tailed inverse of the distribution function.
The T.INV.2T function is also used for the same problem but it assumes that the area is two tailed. This function returns the critical value of the two tailed area.
While using the T.INV function just double the probability and using this function with degree of freedom, it returns the critical value associated with the cumulative probability.
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